Mr. Adrian Smith reports

ARCPACIFIC ANNOUNCES NAME CHANGE AND NEW TICKER SYMBOL

Arcpacific Resources Corp. will change its name to Avante Mining Corp., effective Monday, May 15, 2023, subject to final acceptance of the TSX Venture Exchange. The trading symbol will be changed to AVA.

The name change will not affect the rights of the company's shareholders. There will be no consolidation of capital associated with the name change. Shareholders will not be required to take any action in connection with the name change. Issued certificates representing common shares in the capital of the company will not be affected by the name change and will not need to be exchanged.

About Arcpacific Resources Corp.

Arcpacific (TSX Venture Exchange: ACP) is a Canadian-based exploration company. Arcpacific owns the option for a 100-per-cent interest in the TL nickel project, 50 kilometres from the world-class Voisey's Bay nickel mine in Labrador, Canada, which includes nickel grades in excess of 1 per cent nickel. The company also owns the LMSL copper gold and silver project in British Columbia, and holds other highly prospective exploration projects in Canada. The company is focused on creating shareholder value through new discoveries and strategic development of its mineral properties.

We seek Safe Harbor.